April 25, 2019 | Headlines, NS
(Source: The Daily News, April 25, 2019) GAINESVILLE, N.Y. — Six railroad cars awaited unloading Wednesday near the Norfolk Southern tracks off Route 19A. The project is known formally as the Wyoming Rail Transfer Station. Its history actually stretches back to 2008...
April 25, 2019 | Headlines, NS, Quarterly Income
(Source: Associated Press, April 24, 2019) OMAHA, Neb. — Norfolk Southern Corp. delivered a 23% improvement in its first-quarter profit as the railroad began implementing a comprehensive plan to cut costs and improve productivity. Full story: Minneapolis Star...
April 25, 2019 | Headlines, NS
(Source: Reuters, April 24, 2019) NEW YORK — Norfolk Southern Corp shares soared to a record high on Wednesday after the fourth-largest U.S. railroad’s quarterly profit topped Wall Street’s forecast and executives said they planned to continue raising prices and...
April 25, 2019 | Headlines, NS
(Source: S&P Global Platts, April 24, 2019) HOUSTON — Norfolk Southern saw its coal volumes decrease in the first quarter of 2019 by 4.4% from the year-ago quarter, as shipments across the board saw year-on-year declines, the railroad said Wednesday. Full story:...
April 24, 2019 | Headlines, NS, War on Workers
(Source: Roanoke Times, April 23, 2019) ROANOKE, Va. — Norfolk Southern Corp. put more than 40 Roanoke workers on leave Tuesday. Furloughs posted at Shaffer’s Crossing Locomotive Shop hit 20 electricians and 23 other positions, said Shannon Spotswood, a Vinton-based...
April 24, 2019 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, April 24, 2019) NORFOLK, Va. — First-quarter net income was $677 million, up 23 percent year-over-year, a result of a 16 percent increase in income from railway operations and an increase in other income. Diluted earnings per...
April 10, 2019 | Headlines, NS
(Source: Progressive Railroading, April 9, 2019) Norfolk Southern Railway is continuing to address service interruptions due to flooding conditions in Hannibal, Missouri, the Class I announced yesterday. Full story: Progressive Railroading
April 9, 2019 | Headlines, NS
(Source: Freight Waves, April 8, 2019) CHATTANOOGA, Tenn. — Norfolk Southern’s chief marketing officer sought to assuage shippers’ concerns at a rail shippers’ conference on April 5, saying his company would engage with shippers and seek opportunities to grow capacity...
April 8, 2019 | Amtrak, Headlines, NS
(Source: Associated Press, April 7, 2019) TUSCALOOSA, Ala. — An Alabama mayor says a railroad is opposing a proposed site for a new Amtrak station, citing safety concerns. Full story: www.al.com
April 1, 2019 | Headlines, NS
(Source: Norfolk Southern press release, March 29, 2019) NORFOLK, Va. — Norfolk Southern today posted its 2018 Annual Report online, highlighting strong growth and best-ever results for operating ratio and income from railway operations. Full story:...
